Form: 10-K

Annual report [Section 13 and 15(d), not S-K Item 405]

February 20, 2026

Exhibit 21

THE PNC FINANCIAL SERVICES GROUP, INC.
SCHEDULE OF CERTAIN SUBSIDIARIES
(As of December 31, 2025)


Name
State or Other Jurisdiction of
Incorporation or Organization
PNC Bancorp, Inc. (1)
Delaware
PNC Bank, National Association (1)
United States
     PNC Merchant Services Company
Delaware
     PNC NCNVINV, Inc.Delaware
     PNC Wealth Management LLC (2)
Delaware

PNC Holding, LLC (1)
Delaware
PNC Investment Company LLC    
Delaware
PNC Capital Markets LLC
PNC Capital Finance, LLC
Pennsylvania
Delaware

(1)The names of the subsidiaries of the indicated entities are omitted because such subsidiaries, considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary.
(2)Formerly known as PNC Investments LLC